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Jury Clears BankAtlantic, CEO Of SEC Disclosure Claims

By Nathan Hale ( May 8, 2017, 4:48 PM EDT) -- After winning an appeal to force a second trial, BankAtlantic and CEO Alan Levan were cleared Monday by a federal jury of the U.S. Securities and Exchange Commission's claims that they committed disclosure and accounting violations by downplaying weaknesses in the Florida bank's commercial real estate portfolio....

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